Org.nr 987 030 569 2016 → 2017 Year-over-year analysis

ABELSNES INVEST AS: årsregnskap 2017 vs 2016

Grew 979% on revenue

approved 2018-05-26; registry 2018-06-05; journal 2018 403833

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for ABELSNES INVEST AS. Revenue 6 050 NOK → 65.2k NOK (+978.5%). Equity 72.5k NOK → -82.8k NOK.

On the constructive side: revenue rose; cash rose; payroll decreased. Pressures included: operating result weakened; equity eroded.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ABELSNES INVEST AS.

At a glance

Revenue

6 050 NOK 65.2k NOK

+978.5%

Operating result

+8.38m NOK +86.0k NOK

-99.0%

Net result

n/m +155.3k NOK

—

Equity

72.5k NOK -82.8k NOK

-214.2%

Cash

871.2k NOK 899.9k NOK

+3.3%

Total assets

1.73m NOK 1.73m NOK

-0.0%

↑
Revenue rose

Operating income / revenue moved from 6 050 NOK to 65.2k NOK (+978.5% YoY). Calculated
↑
Cash rose

Bank deposits 871.2k NOK → 899.9k NOK (+3.3% YoY). Calculated
↑
Payroll decreased

Salary cost 165.7k NOK → 151.2k NOK (2738% → 232% of revenue). Calculated

↓
Operating result weakened

Operating result +8.38m NOK → +86.0k NOK (op. margin 138488.4% → 131.7%). Calculated
↓
Equity eroded

Book equity 72.5k NOK → -82.8k NOK (equity ratio 4.2% → -4.8%). Calculated

·
Thin equity buffer

Equity ratio is -4.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation